Income Potential and Tax Advantages
When you purchase an eligible yacht from Picante Yacht Sales you may choose to become the sole propietor of your own Yacht Charter Entity via a Leaseback to Picante Bluewater Sportfishing. Picante handles all of the legal, tax, marketing, sales, and booking logistics. You earn 80% of the total charter fee and you choose to receive a check, or have it applied towards ownership expenses, as we offer a management program handling all of the maintenance and crew supervision.
As you have a legitimate business with substantial cash flow the tax advantages you enjoy are very impressive. Participation in the Picante Leaseback program passes IRS scrutiny.
Remember, this is your boat and you may use it whenever you want and use it for free, thereby saving a normal daily charter fee.